Working to prove their value to customers, insurers are harnessing technology to improve service, pricing and relationships

Life insurance markets are characterised by significant country-by-country variation. Companies are grappling with regulation and the continued but shifting need for effective intermediary distribution.

In P&C insurance engagement models vary with intermediation still vital in commercial, and direct purchase more prevalent in personal lines. Technology is reshaping everything from telematics to geomatics and implicit and predictive pricing through AI. This is driving further disruption, including the potential for risk capabilities to be delivered outside insurance.

NMG Consulting works with P&C and life insurers to help them differentiate through innovation whilst skillfully managing regulatory change and intermediary relationships.

To access NMG’s deep pool of insurance expertise contact one of our key consultants below.

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